
Cheap Homes for Rent in Paxton, IN from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Paxton.


916 Kussner St

206 N Jefferson St

2607 S 8th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4293 S Avery St

2875 S 6th St

1103 Broadway St

2025 S 7th St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2511 S 6th St
Paxton, IN Local Guide

How much does it cost to rent a home in Paxton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paxton 2 Bedroom Homes for Rent | $1,047 | $795 | $1,295 |
| Paxton 3 Bedroom Homes for Rent | $1,627 | $1,018 | $2,250 |
| Paxton 4 Bedroom Homes for Rent | $1,889 | $995 | $2,425 |
| Paxton 5 Bedroom Homes for Rent | $2,575 | $2,550 | $2,600 |
Browse Top Homes for Rent in Paxton
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Paxton, IN Local Guide
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Cheapest Available Paxton Apartments for Rent and Nearby
 The cheapest available apartment rental in Paxton, IN is a Studio unit found at Lakewood Apartments priced from $550. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Paxton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Apartments | Studio | Studio,1BA | $550 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
Best Value Apartments for Rent in Paxton, IN and Nearby
As of December 12, 2025 the best value apartment in the Paxton area is the $0.91 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,322. The second greatest value Paxton apartment is the 2 Bedroom 2 Bath Model at River Valley Apartments starting at $1,034 with a $1.11 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Paxton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbors at Honey Creek | 4x2 | 4BR,2BA | $0.91 |
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.11 |
| The Landings | 2 Bedroom | 2BR,1BA | $1.09 |
| KINGSTON RIDGE APARTMENTS | 2 Bedroom 1 Bathroom - Apartment | 2BR,1BA | $1.03 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| Springhill Apartments | 2 Bedroom | 2BR,1BA | $0.98 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Paxton
What type of rentals are currently available in Paxton?
There are currently 43 Apartments for Rent in Paxton, IN with pricing that ranges from $519 to $2,683. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paxton ranging from $600 to $2,600.
What is the current price range for Rental Homes in Paxton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paxton ranges from $600 to $2,600 with an average monthly rent of $1,563.
How much are larger Three and Four Bedroom Rentals in Paxton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paxton range from $534 to $2,683, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,018 to $2,250. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $533.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.